Q1.Select any brand and evaluate brand extension strategy followed by the company Ans: Brand Extension can be defined as the usage of an established brand name in new product categories. In other words‚ it is a marketing strategy in which a firm that markets a product with a well-developed image uses the same brand name but for a new product category. This new category to which the brand is extended can be related or unrelated to the existing product categories. Brands use this as a strategy
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Company of the Year. It was also voted Long Haul Operator of the Year at the Travel Trade Gazette Awards and topped the tourism category in the 2010 UK Customer Services Index. Virgin is known for applying its brand values across many sectors‚ making it arguably one of the most diverse brands in the world. Throughout its history‚ Virgin has focused on quality and service and strives to offer industry innovation. There are now more than 200 Virgin-branded companies worldwide‚ a testament to its diversity
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about ninety percent were introduced as line extensions. About five percent were introduced as brand extensions and only fewer than five percent were introduced with a new brand name. Despite the popular use of line extensions in practice‚ relatively little academic research has focused on consumers’ responses to line extensions. Line extension and brand extension are two different things where it address the marketing of commercial goods where brand extension refers to the recognized product or company
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A STUDY OF MAGGI BRAND EXTENSION AND REPOSITIONING INTRODUCTION The report entitled “A study of Maggi Brand Repositioning and Extension” deals with the study of Maggi brand that was launched in India in the year 1983‚ by Nestle India Limited‚ which became synonymous with noodles. This research paper tries to find a solution to a real life problem of Maggi to launch its products as a Healthy Product. The introduction provides the company background‚ operational & other important information
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Cultural Nationalism on MTV India Journal of Communication Inquiry Jocelyn Cullity The Global Desi: Cultural Nationalism on MTV India The article examines how the introduction of satellite television into India during the 1990s has led to the emergence of a new form of cultural nationalism based on the active and self-conscious indigenization of global media. Using MTV India as an ethnographic case study‚ this process is demonstrated through analysis of the images themselves and by a consideration
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Brand Failures Matt Haig Kogan Page Brand Failures Praise for Brand Failures. . . “You learn more from failure than you can from success. Matt Haig’s new book is a goldmine of helpful how-not-to advice‚ which you ignore at your own peril.” Laura Ries‚ President‚ Ries & Ries‚ marketing strategists‚ and bestselling co-author of The Fall of Advertising and the Rise of PR and The 22 Immutable Laws of Branding “Every marketer will read this with both pleasure and profit. But the lessons
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MARKETING-PROJECT. MANVENDRA RATHORE ITC’S FIAMMA DI WILLS BRAND FAILURE. [pic] INTRODUCTION ITC was incorporated on August 24‚ 1910 under the name Imperial Tobacco Company of India Limited. As the Company’s ownership progressively Indianised‚ the name of the Company was changed from Imperial Tobacco Company of India Limited to India Tobacco Company Limited in 1970 and then to I.T.C. Limited in 1974. In recognition of the Company’s multi-business portfolio encompassing
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Introduction: “A brand extension occurs when a firm uses an established brand name to introduce a new product” (Keller‚ 2008‚ pg 491). Paragraph 2 350 words Pg. 514 How relevant the extension evidence is about the attribute or benefit for the parent brand- Relevance- Any brand extension needs to enhance its parent brand. If there is no connection‚ or ‘relevance’ it potentially won’t provide feedback benefits to the parent brand. * Völckner and Sattler (2006) found that fit between
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Expository essay Extensions Have you ever seen someone with the most beautiful‚ long and luscious hair? Now your interest is sparked‚ your intrigued. You ask yourself‚ “Is that her hair”? 90% of the time‚ it’s not. Most women wear hair extensions in the form of wigs‚ “weaves”‚ or braids and twists. Wigs tend to cover the whole head and are structurally diverse. Weaves are the most commonly worn form of extensions. Braids and twists have become a more and more popular choice of extension in the past
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Abstract Line extensions occur when a company introduces additional items with changes in flavors‚ sizes‚ and different ingredients in the same product category under the same name brand. Line extensions are a way to increase market share by introducing additional items in the same category from the already reputable brand name. The paper examines the target populations‚ the purpose for seeking line extensions‚ the appropriate timing of launching a brand extension‚ and the success and failures of such
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